10-Unit Apartment
For Sale
$1,799,000
1475 Venice Blvd, Los Angeles, CA 90006
Mid-century multifamily property with separately metered gas and electricity and two residences expected to be vacant at closing.
Property Size6,766 SF
Lot Size0.19 Acres
Days on Market11
Property Features for 1475 Venice Blvd
General Information
Standard status
Active
Size
6,766 SF
Lot size
0.19 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Additional Details
Cap Rate
6.84%
Public Transit
Yes
Building Details
Building Size
6,766 SF
Year Built
1954
Buildings
1
Construction
mid-century
Listing Agency:
Real Broker
(213) 434-2433
Listed By:
Max Lee · License #01905008
Source:
Milsteinestates
Added: Aug 13
Changed: Aug 23
Last Checked: Aug 23 at 7:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
Investment Insights
Based on property information with market context.
Built in 1954, this mid-century apartment property contains 10 one-bedroom, one-bath units on an 8,400+ SF lot. Two units are scheduled for delivery vacant at close of escrow. Separate gas and electric meters serve the residences and support distinct utility billing. The property also includes upgraded electrical panels and sub-panels, although the source information describes the upgrade status inconsistently.
The asset is located at 1475 Venice Blvd in Los Angeles, positioned between Downtown Los Angeles and Koreatown. USC, Downtown Los Angeles, and Koreatown are identified as nearby destinations, while public transit access and a Walk Score of 91 add to the site's urban accessibility. The reported 6.84% cap rate provides an additional operating metric for review.
The asset is located at 1475 Venice Blvd in Los Angeles, positioned between Downtown Los Angeles and Koreatown. USC, Downtown Los Angeles, and Koreatown are identified as nearby destinations, while public transit access and a Walk Score of 91 add to the site's urban accessibility. The reported 6.84% cap rate provides an additional operating metric for review.
Key Highlights
- 10‑unit apartment property with 1‑bed/1‑bath layouts
- 8,400+ SF lot with a 1954 construction year
- 2 units to be delivered vacant at close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
2,933
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Mid-century multifamily property with separately metered gas and electricity and two residences expected to be vacant at closing.
Where is this apartment building located?
The property is located at 1475 Venice Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 10‑unit apartment property with 1‑bed/1‑bath layouts; 8,400+ SF lot with a 1954 construction year; 2 units to be delivered vacant at close of escrow
